Sequans Stock Drops After $384M Bitcoin Bet
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最新报道：Sequans Communications' stock plunged 38% after announcing a $38.4 million investment in Bitcoin, funded entirely through debt financing. The French semiconductor firm revealed it purchased 1,061 BTC at approximately $36,200 per coin, representing over 40% of its market cap prior to the announcement. CEO Georges Karam defended the move as a "strategic reserve asset" decision, though analysts expressed concerns about the risky debt-funded approach for a cash-strapped company. The investment comes as Sequans faces financial pressures, having reported $9.6 million in cash reserves against $51 million in debt at last quarter's end. Market reaction suggests skepticism about the timing and financing method of this crypto bet.
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